Crypto Exchange Poloniex Plans Phased Resumption of Services
Cryptocurrency exchange Poloniex has announced that it will be gradually resuming deposit and withdrawal services after suffering a $100-million hack on November 10. The exchange plans to prioritize the safety of user funds and will start by restoring Tron (TRX) deposits and withdrawals, followed by Bitcoin (BTC), Ether (ETH), Tether (USDT), and other cryptocurrencies within the next two weeks.
New Listings and Airdrop Campaign in the Works
Poloniex has also revealed that it is actively working on introducing new listings, which will be available in the near future. Additionally, the exchange will conduct an airdrop campaign for users who keep their assets on Poloniex. The airdrop, developed in partnership with HTX DAO, is set to launch in December and the tokens will be drawn from a premium project that is about to be listed. More details about the airdrop will be unveiled next month.
The announcement also highlighted the importance of using the updated deposit addresses for all transactions, as failure to do so will result in funds not being credited. Poloniex apologized for any inconvenience and thanked users for their understanding.
Poloniex and Tron Founder Justin Sun
Poloniex has chosen to prioritize Tron (TRX) withdrawals, which is founded by Justin Sun. The exchange also tagged Sun in the announcement on X (formerly Twitter). It is worth noting that Sun-linked crypto platforms, including HTX and Poloniex, have experienced four hacks in the past two months, resulting in a combined loss of nearly $240 million.
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